The World Class R&D Institute is a nonprofit collaborative effort to identify management practices needed to build and sustain a world class industrial R&D capability. These practices range from overall governance down to the individual act of research. This is intended to be an Institute for all industries pursuing innovative R&D products at the cutting edge of research. World Class R&D is defined in terms of an ability to persistently discover and develop blockbuster products that generate world class revenues and profit margins. We define management carefully – you do not manage your way to blockbuster products, rather you manage a work environment so they can persistently surface. We don't promise better leaders, we merely make it possible for better leaders to become excellent.